Rank: Member Joined: 9/12/2008 Posts: 436 Location: illobi
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First Quarter 2016 PAT up by 44% Link
A successful man is one who makes more money than his wife can spend. A successful woman is one who can find such a man
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Rank: Member Joined: 3/15/2009 Posts: 359
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K22 wrote:First Quarter 2016 PAT up by 44% Link That journalist is a joker, the figures quoted for KCB and equity are for last year
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Rank: Member Joined: 2/20/2015 Posts: 467 Location: Nairobi
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When will Stanchart's bonus shares be credited to CDS accounts?
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Rank: Elder Joined: 10/18/2008 Posts: 3,434 Location: Kerugoya
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StanChart Pays DPP Sh100m To Avoid NYS Fraud Suit
FRIDAY, FEBRUARY 28, 2020 10:33 Quote:Details of the secret agreement with the State prosecutor were disclosed Thursday by its London-based parent company, Standard Chartered Plc, via the London Stock Exchange (LSE) where the multinational lender is listed.
The December deal with the DPP means StanChart’s total penalties in the wake of the NYS scandal have risen to Sh177.5 million after the Central Bank of Kenya (CBK) fined it Sh77.5 million for regulatory breaches.
CBK imposed penalties totalling Sh392.5 million on Standard Chartered Kenya, Equity, Diamond Trust, Co-operative Bank, and KCB Group.
The banking regulator said that the banks had failed to report large transactions and to undertake proper due diligence on customers. It also accused them of approving large transactions without proper documents. Source Link: https://www.businessdail...471942-3ovknd/index.html
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Rank: Member Joined: 5/6/2008 Posts: 199
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SCBK board proposes to: * halve final dividend and, * offer 1 bonus share for every 10 held on 27 Apr 2020. 
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Rank: Member Joined: 7/1/2009 Posts: 256
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tandich wrote:SCBK board proposes to: * halve final dividend and, * offer 1 bonus share for every 10 held on 27 Apr 2020. It's going to be a tough year for Income Investors.
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Rank: Member Joined: 7/1/2009 Posts: 256
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Monk wrote:tandich wrote:SCBK board proposes to: * halve final dividend and, * offer 1 bonus share for every 10 held on 27 Apr 2020. It's going to be a tough year for Income Investors. On second thoughts, the bonus shares are quite heavily discounted at Ksh 75, against the current market price of Ksh 165.
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Rank: Chief Joined: 1/3/2007 Posts: 18,097 Location: Nairobi
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Monk wrote:Monk wrote:tandich wrote:SCBK board proposes to: * halve final dividend and, * offer 1 bonus share for every 10 held on 27 Apr 2020. It's going to be a tough year for Income Investors. On second thoughts, the bonus shares are quite heavily discounted at Ksh 75, against the current market price of Ksh 165. Discounted how now? It's like the cake we used to wait to devour at home. Then some "visitor" shows up and that cake was sliced up into more pieces. Same cake. Smaller piece.  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 7/1/2009 Posts: 256
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VituVingiSana wrote:Monk wrote:Monk wrote:tandich wrote:SCBK board proposes to: * halve final dividend and, * offer 1 bonus share for every 10 held on 27 Apr 2020. It's going to be a tough year for Income Investors. On second thoughts, the bonus shares are quite heavily discounted at Ksh 75, against the current market price of Ksh 165. Discounted how now? It's like the cake we used to wait to devour at home. Then some "visitor" shows up and that cake was sliced up into more pieces. Same cake. Smaller piece. In other words, a dilution. Any suggestion on how to mitigate it? Average down after the market has found a new level?
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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Monk wrote:Monk wrote:tandich wrote:SCBK board proposes to: * halve final dividend and, * offer 1 bonus share for every 10 held on 27 Apr 2020. It's going to be a tough year for Income Investors. On second thoughts, the bonus shares are quite heavily discounted at Ksh 75, against the current market price of Ksh 165. Where has it been indicated they are discounted at 75. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,097 Location: Nairobi
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Monk wrote:VituVingiSana wrote:Monk wrote:Monk wrote:tandich wrote:SCBK board proposes to: * halve final dividend and, * offer 1 bonus share for every 10 held on 27 Apr 2020. It's going to be a tough year for Income Investors. On second thoughts, the bonus shares are quite heavily discounted at Ksh 75, against the current market price of Ksh 165. Discounted how now? It's like the cake we used to wait to devour at home. Then some "visitor" shows up and that cake was sliced up into more pieces. Same cake. Smaller piece. In other words, a dilution. Any suggestion on how to mitigate it? Average down after the market has found a new level? There is no dilution for EXISTING shareholders. If you owned 1% of SCBK before the bonus, you will still own 1% of SCBK after the bonus. Your ownership % doesn't change. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 7/1/2009 Posts: 256
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VituVingiSana wrote:Monk wrote:VituVingiSana wrote:Monk wrote:Monk wrote:tandich wrote:SCBK board proposes to: * halve final dividend and, * offer 1 bonus share for every 10 held on 27 Apr 2020. It's going to be a tough year for Income Investors. On second thoughts, the bonus shares are quite heavily discounted at Ksh 75, against the current market price of Ksh 165. Discounted how now? It's like the cake we used to wait to devour at home. Then some "visitor" shows up and that cake was sliced up into more pieces. Same cake. Smaller piece. In other words, a dilution. Any suggestion on how to mitigate it? Average down after the market has found a new level? There is no dilution for EXISTING shareholders. If you owned 1% of SCBK before the bonus, you will still own 1% of SCBK after the bonus. Your ownership % doesn't change. Sorry I picked the wrong name..... Same value divided by more shares...the correct term to describe this eludes me.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Monk wrote:VituVingiSana wrote:Monk wrote:VituVingiSana wrote:Monk wrote:Monk wrote:tandich wrote:SCBK board proposes to: * halve final dividend and, * offer 1 bonus share for every 10 held on 27 Apr 2020. It's going to be a tough year for Income Investors. On second thoughts, the bonus shares are quite heavily discounted at Ksh 75, against the current market price of Ksh 165. Discounted how now? It's like the cake we used to wait to devour at home. Then some "visitor" shows up and that cake was sliced up into more pieces. Same cake. Smaller piece. In other words, a dilution. Any suggestion on how to mitigate it? Average down after the market has found a new level? There is no dilution for EXISTING shareholders. If you owned 1% of SCBK before the bonus, you will still own 1% of SCBK after the bonus. Your ownership % doesn't change. Sorry I picked the wrong name..... Same value divided by more shares...the correct term to describe this eludes me. Reclassification of reserves from distributable to non-distributable. It's like taking a mzinga. You drink with a tot glass or a mug, the mzinga is the same. Life is short. Live passionately.
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Rank: Chief Joined: 1/3/2007 Posts: 18,097 Location: Nairobi
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It's like taking a mzinga. You drink with a tot glass or a mug, the mzinga is the same.
 Hapo, @sparkly ameniweza! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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Kiu ya ajabu Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,097 Location: Nairobi
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https://www.businessdail...80884-7tg7f2/index.html
Bye, bye T-Mall branch Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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VituVingiSana wrote:https://www.businessdailyafrica.com/corporate/companies/StanChart-to-close-T-Mall-branch-in-digital-push/4003102-5580884-7tg7f2/index.html
Bye, bye T-Mall branch 3 months closure results are showing. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Ericsson wrote:VituVingiSana wrote:https://www.businessdailyafrica.com/corporate/companies/StanChart-to-close-T-Mall-branch-in-digital-push/4003102-5580884-7tg7f2/index.html
Bye, bye T-Mall branch 3 months closure results are showing. Though the Tmall branch had fewer walk in customers per day compared to Coop and DTB in the same building. Was empty most of the time. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Member Joined: 6/26/2008 Posts: 384
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@Angelica _ann Stanchart at 143. Worth a look?
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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xtina wrote:@Angelica _ann Stanchart at 143. Worth a look? You might get at a much lower price in 2021 Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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